Statement from News Corp Regarding the European Commission Decision to Fine Google
June 27 2017 - 9:37AM
Business Wire
The following statement was released today by News Corp
regarding the European Commission decision to fine Google for
breaching EU antitrust rules:
“We applaud the European Commission's leadership in confronting
the discriminatory behavior of Google in the comparison shopping
industry. Other regulators and companies have been intimidated by
Google's overwhelming might, but the Commission has taken a strong
stand and we hope that this is the first step in remedying Google's
shameless abuse of its dominance in search.
We strongly believe that the abuse of algorithms by dominant
digital platforms should be of concern to every country and company
seeking a fair, competitive and creative society. Google has
profited from commodifying content and enabling the proliferation
of flawed and fake news, to the detriment of journalism and of an
informed society.”
About News Corp
News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) is a global,
diversified media and information services company focused on
creating and distributing authoritative and engaging content to
consumers throughout the world. The company comprises businesses
across a range of media, including: news and information services,
book publishing, digital real estate services, and cable network
programming and pay-TV distribution in Australia. Headquartered in
New York, the activities of News Corp are conducted primarily in
the United States, Australia, and the United Kingdom. More
information: http://www.newscorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170627005915/en/
News Corp Corporate CommunicationsJim Kennedy,
212-416-4064jkennedy@newscorp.comorNews Corp Investor
RelationsMichael Florin, 212-416-3363mflorin@newscorp.com
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